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Reply to "HHI $250k what would you spend on mortgage?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I would buy a 1.2 M house and put 20%down[/quote] Way too high. We make $275k, plan to send one kid to private, and our $4k payment ($660k mortgage @ 4.25%) is the max we are comfortable with.[/quote] I did this 5 years ago and it's been just fine.[/quote] You did which 5 years ago? Not clear which post you are responding to.[/quote] There's a little button on the top left that says click to show earlier quotes. The interest rates were lower but I bought a house for $1.2 million, put 20% down 5 years ago and there haven't been any money issues with our $250k HHI[/quote]
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